Value of 1979 Euro (Netherlands) today

€100 in 1979
€293.77 in 2024

The inflation rate in the Netherlands between 1979 and today has been 193.77%, which translates into a total increase of €193.77. This means that 100 euro in 1979 are equivalent to 293.77 euro in 2024. In other words, the purchasing power of €100 in 1979 equals €293.77 today. The average annual inflation rate between these periods has been 2.42%.

Inflation timeline in the Netherlands (1979 - 2024)

The following chart depicts the equivalence of €100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (EUR) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1979-2023 189.07%
Cumulative inflation 1979-today 193.77%
Avg. Annual inflation 1979-2023 2.44%
CPI 1979 43.62
CPI 2023 126.09
CPI 2024-02 (latest official data) 127.95
CPI today 128.14

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1979 and 2023, use the corresponding CPI values:

Value2023
=Value1979 ×
CPI2023/CPI1979
=€ 100 ×
126.09/43.62
€289.07

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 128.14:

Valuetoday
=Value1979 ×
CPItoday/CPI1979
=€ 100 ×
128.14/43.62
€293.77

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are €100 worth today. There are 44 years between 1979 and 2023 and the average inflation rate was 2.4418%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.024418)44
€289.07

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1979 €2.89 euro in 2023
€5 euro in 1979 €14.45 euro in 2023
€10 euro in 1979 €28.91 euro in 2023
€50 euro in 1979 €144.53 euro in 2023
€100 euro in 1979 €289.07 euro in 2023
€500 euro in 1979 €1,445.35 euro in 2023
€1,000 euro in 1979 €2,890.7 euro in 2023
€5,000 euro in 1979 €14,453.48 euro in 2023
€10,000 euro in 1979 €28,906.95 euro in 2023
€50,000 euro in 1979 €144,534.76 euro in 2023
€100,000 euro in 1979 €289,069.52 euro in 2023
€500,000 euro in 1979 €1,445,347.61 euro in 2023
€1,000,000 euro in 1979 €2,890,695.21 euro in 2023
Cumulative inflation From 1979 193.77%
Avg. annual inflation From 1979 2.42%
CPI 1979 43.62
CPI today 128.14

Value of Euro over time (by year)

Period Value
1979 100
1980 106.51
1981 113.69
1982 120.41
1983 123.71
1984 127.8
1985 130.68
1986 130.79
1987 129.89
1988 130.85
1989 132.26
1990 135.51
1991 139.79
1992 144.24
1993 147.97
1994 152.11
1995 155.04
1996 158.06
1997 161.39
1998 164.55
1999 168.1
2000 172.07
2001 179.22
2002 185.11
2003 188.99
2004 191.38
2005 194.61
2006 196.75
2007 199.93
2008 204.9
2009 207.33
2010 209.98
2011 214.89
2012 220.17
2013 225.69
2014 227.89
2015 229.26
2016 229.99
2017 233.16
2018 237.14
2019 243.38
2020 246.48
2021 253.07
2022 278.38
2023 289.07
2024-02 293.34
Today 293.77

All available years

Today's value of euro (Netherlands) by year:

1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |

Other currencies: